As I mentioned in a previous post, it is interesting for me to find the keywords that people have used in search engines to find my blog. I look every once in a while, and […]
Author: Robert Rapier
That Took Long Enough
I have been warning that gas prices have to move up. Refinery margins are getting killed, oil prices are rising, and gasoline prices are flat. Some are convinced that it is just manipulation to get […]
Oil Shale = Cellulosic Ethanol
As a reader pointed out, oil shale is in the news again: Oil shale may finally have its moment In a nutshell, ICP works like this: Shell drills 1,800-foot wells and into them inserts heating […]
This Week in Petroleum 10-31-07
Halloween Edition – Updated following the release of the report Overall inventories decreased, and there was a fairly large crude draw, which is likely to push oil prices up from here. If the Fed cuts […]
Goldman Says `Take Profits’
A few months ago, an analyst at a brokerage firm wrote to me and said that they had actually used some of my essays as the basis of advising their clients. That was flattering, but […]
OPIS on the Bull Rush
My daily OPIS summary weighed in on my side over the level of oil prices. I am beginning to think I may not be crazy at all. 🙂 Today’s “excuse de jour” for the rally […]
The Positive and Negative of High Oil Prices
Probably the most devastating personal impact if oil goes over $100 is that there won’t be a beer fund for people who stop by and see me in Aberdeen. Therefore, if you come see me […]
Shakeout Predicted
I have never heard of James Mound, but I think he is correct in his assessment below. As I have mentioned, I absolutely would not buy oil at these prices. It may still go to […]
Saudi Production Management
A friend recently pointed me to a 2003 paper that attempts to explain the reasoning behind Saudi Arabia’s behavior with respect to their oil fields. This sort of managed production has always been my counter-argument […]
$90 Oil: How We Got Here
David Ivanovich at The Houston Chronicle always does a nice job of covering the energy markets. His latest article gives a comprehensive overview of the events of the past few years that put us on […]